Set on one of the largest lots in Adelaide, this fully custom
lakefront estate occupies 1.43 acres with 5,334 square feet under
air and nearly 9,850 square feet under roof. Designed specifically
for its homesite and built by Christopher Burton Luxury Homes, the
residence is remarkable not simply for its scale, but for the depth
of thought carried through every element of the property. A
handcrafted 10-foot iron entry opens to interiors defined by
generous proportions, custom millwork, specialty ceilings, 8-foot
solid-core doors and an effortless connection between the main
living spaces. The great room features a custom statement wall by
artist Alex Turco, while nearly 10-foot impact-rated glass sliders
open the home to the expansive outdoor living areas. Impact windows
and doors are found throughout, complemented by concrete block
construction and a concrete slate tile roof. At the heart of the
home, a remarkable kitchen is anchored by a 15-foot island and
equipped with a 10-burner 60" Wolf gas range, three Wolf ovens,
dual Fisher & Paykel refrigeration, two full-size beverage coolers,
two ice makers and extensive custom maple cabinetry. A private
office and dedicated club room with wet bar add to the first-floor
entertaining spaces. The primary suite occupies its own wing
with private porch access, extensive custom closets, a dedicated
safe room and an oversized bath with multi-head shower and soaking
tub. Guest accommodations and a large second-floor loft provide
additional space without compromising the predominantly first-floor
living experience. More than 1,100 square feet of covered
outdoor living extends across the rear of the home with cypress
ceilings, a full summer kitchen and oversized fireplace. Beyond, a
custom pool and 18-person spa anchor nearly 3,000 square feet of
patio and pool deck, joined by a sheer descent water feature and
dramatic 12-foot automated fire feature. Five oversized
double garage bays provide capacity for 10 vehicles across nearly
3,000 square feet of finished garage space, approached by an
extraordinary 12,000+ square-foot paver motor court. EV charging,
epoxy floors and extensive workshop lighting further distinguish
the space. A whole-house Generac generator, 400-amp service,
three tankless water heaters, whole-home Sonos audio, extensive
smart-home infrastructure, dedicated server room and comprehensive
security system reflect the same level of planning found throughout
the residence. Set within Adelaide, Viera's most exclusive luxury
development, the property offers convenient access to area
hospitals, Cape Canaveral and the Space Coast, with Orlando and its
major attractions approximately 40 minutes away. A singular
residence, created with a level of scale, construction and detail
rarely encountered.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Parking Features: Additional Parking, Attached, Attached Carport, Circular Driveway, Covered, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Guest
Garage Spaces: 10
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Breakfast Bar, Built-in Features, Pantry, Central Vacuum, Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Smart Home, Smart Thermostat, Walk-In Closet(s), Wet Bar, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms
Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Oven, Freezer, Gas Cooktop, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, Sink, Washer Hookup
Has Fireplace
Fireplace Features: Electric, Gas, Outside
Fireplaces: 3
Exterior Details
Square Footage: 5334
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Gated with Guard, Security Gate, Security System Owned, Smoke Detector(s)
Property Condition: Updated/Remodeled
Architectural Style: Contemporary
Year Built: 2023
Waterfront Features: Lake Front
Building Area Total: 9939
Levels: Two
Other Structures: Outdoor Kitchen
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Patio, Rear Porch, Screened
Pool Features: Gas Heat, Heated, In Ground, Salt Water, Screen Enclosure, Waterfall
Pool is Private
Lot Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear
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